The first Living Legacy raid event is now live and involves a giant experimental clockwork called the "Infinitely Regenerative Automaton". What's this about? Here is some information from EQLive:

Taking part in the Living Legacy Live Events? Want to see who's earning points for the events? Then you'll want to visit the Living Legacy Event Leaderboards! As the events open up, you can read all about them on the 'Events' tab of the EverQuest section of the Living Legacy website and track player and guild standings for each server for each event. The standings are updated once every 24 hours.

Visit EQ's Living Legacy Event Page!

You can also check out a promo video for the event at EQLive.